Other · DOL Form 5500 · 2023

People of Faith Inc. Retirement Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
347
Participants Below avg headcount
56th
Percentile by assets National rank
$26,159
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Royal Oaks 403b Plan · Sponsored by People of Faith Inc. · Arizona · Healthcare & Social Assistance

$9M in assets, 347 participants

People of Faith Inc.'s Royal Oaks 403b Plan reported $9M in total assets and 347 participants in its 2023 DOL Form 5500 filing, ranking in the 56th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #10,997 in Healthcare & Social Assistance (17,684 peers)

People of Faith Inc. multi-year trail

People of Faith Inc.'s plans moved +19.4% in assets from 2022 to 2024; this filing shows Royal Oaks 403b Plan at $9M / 347 participants.

#10,997
in Healthcare & Social Assistance (17,684 peers)
+8.4%
assets growth YoY

Royal Oaks 403b Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Royal Oaks 403b Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,077,200 Top 44% higher than 56% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Royal Oaks 403b Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Royal Oaks 403b Plan sits mid-pack in the medium band (347 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Royal Oaks 403b Plan reported net income rose from -$2M in the plan year 2022 filing to $698K in the plan year 2023 filing.
  • Royal Oaks 403b Plan reported participants rose from 294 in the plan year 2022 filing to 347 in the plan year 2023 filing.
  • Royal Oaks 403b Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 860410807 · People of Faith Inc. PY 2023 · Other

Royal Oaks 403b Plan · $9M · 347 · 56th

  • RANK $9M
  • RANK 347
  • RANK 56th
  • RANK Other
  • RANK near Alight Defined Contribution Retirement Plan
  • RANK ind #10997

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Arizona →

Royal Oaks 403b Plan in the asset neighbourhood

Royal Oaks 403b Plan$9MAlight Defined Contribution Retirement PlanAlight Defined Contribution …$9MCommunity Action Partnership of Kern 403(b) PlanCommunity Action Partnership…$9MLasell Village 403(b) Plan$9MNevada Donor Network 403(b) PlanNevada Donor Network 403(b) …$9M
End-of-year total assets ($M) among Royal Oaks 403b Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

People of Faith Inc. multi-year asset trail

Sponsor-wide plan assets over time

All People of Faith Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 19.35372616967839% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M$10.5M 202220232024 $8.37M $9.99M ▲ +19.4%
Year Plans Participants Total Assets
2022 1 294 $8M
2023 1 347 $9M
2024 1 381 $10M

People of Faith Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$698K
Employer EIN860410807
Plan Effective Date2003-03-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Arizona

Peer Other plans, same state, same plan type, ranked by total assets.

Royal Oaks 403b Plan vs. nearby Other plans in Arizona, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.5 Total assets ($B) Participants Royal Oaks 403b Plan, Total assets ($B): 0.0090772 · Participants: 347Royal Oaks 403b PlanHonor Health 403(b) Retirement Security Plan, Total assets ($B): 1.023668486 · Participants: 13597Honor Health 403(b) Retirement Security PlanOperating Engineers Local 428 Annuity Trust Fund, Total assets ($B): 0.291333345 · Participants: 7670Operating Engineers Local 428 Annuity Trust FundBanner Health Employees 403(b) Plan, Total assets ($B): 0.163501548 · Participants: 11018Banner Health Employees 403(b) PlanEl Rio Santa Cruz Neighborhood Health Center, Inc. Retirement Plan, Total assets ($B): 0.149956482 · Participants: 1887El Rio Santa Cruz Neighborhood Health Center, Inc. Retirement PlanKingman Regional Medical Center Employee Retirement Plan, Total assets ($B): 0.107432825 · Participants: 1914Kingman Regional Medical Center Employee Retirement Plan
Royal Oaks 403b Plan vs. nearby Other plans in Arizona, assets vs. participants

Royal Oaks 403b Plan's out-of-state Other peers by assets and headcount

Outside Arizona, the nearest Other by assets is Alight Defined Contribution Retirement Plan in MN ($9M); by covered participants it is Riverbend Community Mental Health, Inc. Tax Deferred Annuity Plan in NH (347 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (347 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Royal Oaks 403b Plan assets move in 2023?
Royal Oaks 403b Plan grew at a solid clip - up 8.4% during 2023, from $8M to $9M. Reported net income was $698K.
How have People of Faith Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), People of Faith Inc.'s sponsor-wide assets grew 19.4%, from $8M to $10M.
Which Other plans are similar in size to Royal Oaks 403b Plan?
Among Other plans in other states, the closest by assets is Alight Defined Contribution Retirement Plan in MN ($9M, 89 participants).
Which Other plans cover a similar participant headcount to Royal Oaks 403b Plan?
Among Other plans in other states, the closest by covered participants is Riverbend Community Mental Health, Inc. Tax Deferred Annuity Plan in NH (347 participants, $23M in assets).